UBS’ Top Tech Based Disruptive Stocks For 2030: Top 29 Stocks

27. E.ON SE (OTC:EONGY)

YTD Share Price Gain: 4.80%

E.ON SE (OTC:EONGY) is a diversified German energy company that provides electricity and gas to businesses and residential customers. It also has a renewable energy business division, as well as those covering technology areas such as gas quality and tracking management. UBS believes that the firm has the potential to disrupt the green technology industry. The company is still reeling from the after effects of the Russian invasion of Ukraine that disrupted German gas supplies. This is evident in the fact that E.ON SE (OTC:EONGY)’s stock on the ETR exchange has gained just 6% over levels before the invasion began. Its Energy Networks business is the largest contributor to operating income, and the business continues to struggle with lower volumes, cost management unwinding, and higher upstream costs. E.ON SE (OTC:EONGY) is currently aggressively focusing on grid investments, and its ability to generate returns through these should drive the hypothesis moving forward.